Accounts Payable
12
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description
Accounts payable in SAP
Transcript of Accounts Payable
-
PR
ES
EN
TE
D B
Y:
-
In
du
stry
& c
om
pan
y p
rofi
le
R
esea
rch
pro
ble
m
O
bje
ctiv
es
D
ata
pre
sen
tati
on
& a
nal
ysis
D
ata
pre
sen
tati
on
& a
nal
ysis
F
ind
ing
s
S
ug
gest
ion
s
S
om
e p
itfa
lls
C
on
clu
sio
ns
-
IN
DU
ST
RY
P
RO
FIL
E
In
dia
n c
emen
t in
du
stry
is
cu
rren
tly
ran
ked
se
con
d i
n t
he
wo
rld
.
In
dia
n c
emen
t in
du
stry
is
cu
rren
tly
ran
ked
se
con
d i
n t
he
wo
rld
.
In
tro
.
C
emen
t p
lan
ts
T
hei
r ca
pac
ity
In
tro
.
C
emen
t p
lan
ts
T
hei
r ca
pac
ity
CO
MP
AN
Y P
RO
FIL
E
seco
nd
in
th
e w
orl
d.
Is
sues
co
nce
rnin
g
cem
ent
ind
ust
ry
seco
nd
in
th
e w
orl
d.
Is
sues
co
nce
rnin
g
cem
ent
ind
ust
ry
T
hei
r ca
pac
ity
M
ajo
r co
mp
etit
ors
T
hei
r ca
pac
ity
M
ajo
r co
mp
etit
ors
-
M
y re
sear
ch p
rob
lem
is
to f
ind
ou
t ac
cou
nts
pay
able
po
siti
on
of
the
com
pan
y &
ho
w t
he
cap
ital
bu
dge
tin
g &
fo
reca
stin
g i
s d
on
e in
ou
r co
mp
any,
is
ther
e ac
cou
nts
pay
able
pro
cess
ing
sys
tem
ef
fici
ent
& a
dh
ere
to a
cco
un
tin
g s
tan
dar
d.
effi
cien
t &
ad
her
e to
acc
ou
nti
ng
sta
nd
ard
.
W
ith
th
at t
o f
ind
ou
t th
e ef
fici
ency
&
pro
ced
ure
s o
f ca
pit
al e
xpen
dit
ure
pla
ns,
co
mp
arin
g
actu
al p
lan
wit
h s
tan
dar
d &
fin
din
g o
ut
the
dev
iati
on
s, i
f an
y.
-
AC
CO
UN
TS
PA
YA
BL
E:-
P
ay w
hat
we
ow
e
R
edu
ce c
ost
s th
rou
gh
eco
no
mie
s o
f sc
ale
D
efin
e c
apit
al b
ud
geti
ng
an
d
iden
tify
th
e st
eps
invo
lved
in
th
e ca
pit
al b
ud
geti
ng
pro
cess
.
Exp
lain
th
e p
roce
du
re u
sed
to
gen
erat
e lo
ng
-ter
m p
roje
ct p
rop
osa
ls w
ith
in t
he
CA
PIT
AL
BU
DG
ET
IN
G:-
C
on
sist
ent
pro
cess
ing
an
d
agin
g o
f p
ayab
les
Im
pro
ved
in
voic
e tr
ack
ing
E
ffic
ien
t ca
sh m
anag
emen
t
F
ind
ing
ou
t an
y d
efau
lts
, if
an
y.
lon
g-t
erm
pro
ject
pro
po
sals
wit
hin
th
e fi
rm.
Ju
stif
y w
hy
cash
, no
t in
com
e, f
low
s ar
e th
e m
ost
rel
evan
t to
cap
ital
bu
dge
tin
g
dec
isio
ns
D
escr
ibe
ho
w t
he
net
pre
sen
t va
lue
con
trib
ute
s to
in
crea
sin
g s
har
eho
lder
s w
ealt
h.
E
xpla
in h
ow
tax
co
nsi
der
atio
ns,
as
wel
l as
dep
reci
atio
n f
or
tax
pu
rpo
ses,
aff
ect
cap
ital
bu
dge
tin
g c
ash
flo
ws.
-
AC
CO
UN
TS
PA
YA
BL
E
1.D
efin
itio
n
2.D
iffe
ren
ce b
etw
een
B/P
& A
/P
3.P
assi
ng
of
bil
ls &
Th
eir
typ
es
4.
So
me
of
the
mo
vem
ents
& T
hei
r w
ork
ing
5.T
ax t
reat
men
t
-
CA
PIT
AL
BU
DG
ET
ING
1.D
efin
itio
n
2.K
ind
s o
f ca
pit
al i
nve
stm
ent
pro
po
sals
3.Fa
cto
rs a
ffec
tin
g c
apit
al i
nve
stm
ent
dec
isio
n
4.
So
me
of
the
met
ho
ds:
-
P
ay b
ack
per
iod
D
isco
un
ted
cas
h f
low
A
cco
un
tin
g r
ate
of
retu
rn
-
A
cco
un
ts p
ayab
le i
s a
sho
rt t
erm
so
urc
e o
f fi
nan
ce.
A
mb
uja
cem
ent
also
has
a v
ery
goo
d a
cco
un
ts p
ayab
le
po
siti
on
.
T
hey
hav
e p
rop
er u
tili
zati
on
& m
anag
emen
t o
f fu
nd
s.
M
anag
emen
t o
f ti
me
reg
ard
ing
pay
men
ts a
re a
lso
ver
y
Man
agem
ent
of
tim
e re
gar
din
g p
aym
ents
are
als
o v
ery
effi
cien
t.
A
s w
e al
l k
no
w t
hat
th
is c
o. h
as s
tart
ed i
n 1
98
1. S
o u
p t
ill
no
w t
hey
hav
e d
evel
op
ed t
hei
r fo
reca
stin
g &
bu
dge
tin
g
tech
niq
ues
. Th
ey h
ard
ly h
ave
dev
iati
on
s in
th
eir
bu
dge
ts.
T
hei
r m
ajo
r sh
are
of
bu
dge
t fo
r p
anve
lb
ran
ch i
s sh
ipp
ing
d
epar
tmen
t
-
Her
e I
wo
uld
lik
e to
say
th
at t
her
e ar
e n
o s
uch
d
evia
tio
n a
s fa
r as
tec
hn
ical
ity
is c
on
cern
ed.
Bu
t so
me
sug
gest
ion
reg
ard
ing
wo
rkin
g :
T
her
e sh
ou
ld b
e a
pro
per
kn
ow
led
ge r
egar
din
g t
he
G/L
co
des
to
all
th
e st
aff
of
all
the
dep
artm
ent
( ev
eryo
ne
can
k
eep
a s
hee
t o
f p
aper
wh
ere
all
G/L
co
des
wil
l b
e th
ere)
.k
eep
a s
hee
t o
f p
aper
wh
ere
all
G/L
co
des
wil
l b
e th
ere)
.
T
her
e sh
ou
ld b
e a
mo
re c
o-o
rdin
atio
n &
co
-op
erat
ion
am
on
g s
taff
.
A
pp
ly f
or
Just
-In
-Tim
e co
nce
pt
in s
tore
s d
epar
tmen
t, i
f p
oss
ible
.
A
void
un
nec
essa
ry s
tock
ing
s.
T
ry t
o r
edu
ce c
apex
. on
sh
ipp
ing
dep
artm
ent.
-
1.S
AP
sys
tem
is
the
bes
t sy
stem
fo
r in
tern
al c
on
tro
l.
2.T
her
e co
uld
be
a m
utu
al a
gre
emen
t b
etw
een
p
urc
has
er &
su
pp
lier
.
3.A
bo
ve t
ran
sact
ion
wil
l le
ad t
o h
ike
in p
rice
s o
f ra
w
mat
eria
l as
wel
l as
fin
al p
rod
uct
.m
ater
ial a
s w
ell a
s fi
nal
pro
du
ct.
4.
Du
e to
SA
P s
yste
m &
Ho
lcim
pra
ctic
es, p
urc
has
e m
anag
er h
as t
o a
sk f
or
3 te
nd
ers
in m
ark
et &
ch
oo
se
the
bes
t o
ne
to s
ettl
e th
e co
mp
etit
ive
pri
ce f
or
thei
r p
rod
uct
.
-
A
cco
un
ts p
ayab
le i
s a
form
of
cred
it t
hat
su
pp
lier
s o
ffer
to
th
eir
pu
rch
aser
s b
y al
low
ing
th
em t
o p
ay f
or
a p
rod
uct
or
serv
ice
afte
r it
has
alr
ead
y b
een
rec
eive
d.
A
cco
un
ts p
ayab
le p
osi
tio
n o
f th
e co
mp
any
is g
oo
d
(r
egar
din
g p
aym
ents
are
co
nce
rned
).
Acc
ou
nts
pay
able
& c
apit
al b
ud
geti
ng
are
ver
y im
po
rtan
t ta
sk f
or
any
org
aniz
atio
ns.
A
cco
un
ts p
ayab
le &
cap
ital
bu
dge
tin
g a
re v
ery
imp
ort
ant
task
fo
r an
y o
rgan
izat
ion
s.
Cap
ital
bu
dge
tin
g i
s d
on
e fo
r lo
ng
ter
m p
erio
d s
ay f
or
5 -
10
yrs.
Acc
ou
nts
pay
able
is
a sh
ort
ter
m s
ou
rce
of
fin
ance
.
Fro
m a
bo
ve f
ind
ing
s &
res
earc
h, I
wo
uld
lik
e to
ap
pre
ciat
e th
e w
ork
ing
sys
tem
of
amb
uja
staf
f &
th
eir
ded
icat
ion
to
war
ds
wo
rk.
